Steven McClurg is the Founder and CEO of Canary Capital, a digital asset investment firm focused on cryptocurrency and blockchain-based investment strategies. He brings deep expertise spanning traditional finance, fintech, and digital assets, with experience across insurtech, payments, asset management, and blockchain innovation. Prior to founding Canary Capital, McClurg was the Co-Founder and Chief Investment Officer of Valkyrie Funds, a prominent digital asset investment manager that was later acquired by CoinShares. During his tenure, he played a pivotal role in launching one of the first spot Bitcoin ETFs in the United States, helping to bridge institutional capital with the emerging crypto market. He also served as the lead portfolio manager of the Valkyrie Bitcoin Miners ETF (WGMI), which became the top-performing ETF of 2023 and one of the few actively managed funds dedicated to the publicly traded Bitcoin mining ecosystem. Earlier in his career, McClurg served as a Managing Director at Guggenheim Partners, where he was responsible for portfolio construction and investment strategy across fixed income and private equity funds.
Steven McClurg Professional Experience / Academic History
Professional Experience
EARLY CAREER
Steven McClurg has built a distinguished career at the intersection of traditional finance, fintech, and digital assets.
He was the Co-Founder and Chief Investment Officer of Valkyrie, a leading digital asset investment manager, where he played a pivotal role in launching one of the first spot Bitcoin ETFs in the United States, helping to expand institutional access to cryptocurrency markets.
Earlier, McClurg founded Theseus Capital, a blockchain-powered asset management platform that was later acquired by Galaxy Digital.
He was also a Founder and Chief Investment Officer of Arca, an institutional-grade digital asset investment firm offering regulated crypto investment products.
In addition to his work in asset management, McClurg has deep experience in payments and fintech, having co-founded Paydrop, a payments technology company.
He has also held senior leadership roles at innovative technology platforms including Crowdfunder, where he served as President, and at major technology companies such as Electronic Arts, further strengthening his expertise in scaling consumer and financial platforms.
MEDIA PRESENCE
Steven McClurg is a widely cited voice in the digital asset and investment community.
He has been interviewed or featured by Business Insider, Yahoo! Finance, and Reuters, and regularly contributes insights to leading crypto and fintech publications including CoinDesk, Cointelegraph, Blockworks, Fintech Finance News, and Bitcoin Insider.
He has also appeared as a guest on Real Vision, where he discusses market structure, ETFs, and the evolution of institutional crypto investing.